Upstart Holdings, Inc. (UPST) vs WaFd, Inc. (WAFD)
A side-by-side comparison of Upstart Holdings, Inc. and WaFd, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — UPST vs WAFD
growth of $100 · dividends reinvested · last 6yUPST vs WAFD: by the numbers
- •UPST is the larger company ($2.28B vs $2.21B market cap).
- •WAFD trades at the lower trailing earnings multiple (9.15 vs 46.66 P/E), one valuation lens rather than an overall verdict.
- •WAFD converts more revenue to profit (18.47% vs 4.69% net margin).
- •UPST grew revenue faster over the past five years (22.79% vs 16.67% CAGR).
- •WAFD pays a dividend (3.60% yield), while UPST has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | UPST | WAFD |
|---|---|---|
| P/E ratio | 46.66 | 9.15 |
| Forward P/E | 35.20 | 8.51 |
| PEG ratio | 3.25 | 2.97 |
| P/S ratio | 1.78 | 1.59 |
| P/B ratio | 2.86 | 0.81 |
Profitability
| Metric | UPST | WAFD |
|---|---|---|
| Operating margin | 4.80% | 23.63% |
| Net margin | 4.69% | 18.47% |
| ROE | 7.57% | 8.49% |
Upstart Holdings, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
WaFd, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | UPST | WAFD |
|---|---|---|
| Dividend yield | N/A | 3.60% |
| Payout ratio | N/A | 33.03% |
Growth (annualized)
| Metric | UPST | WAFD |
|---|---|---|
| Revenue CAGR (5Y) | 22.79% | 16.67% |
| EPS CAGR (5Y) | 15.71% | 3.16% |
| Total return CAGR (5Y) | -39.34% | 0.20% |
Frequently asked
- Which has the lower trailing P/E, UPST or WAFD?
- WAFD has the lower trailing P/E: UPST trades at 46.66 and WAFD at 9.15. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, UPST or WAFD?
- Over the past five years, UPST grew revenue faster — UPST at a 22.79% CAGR versus WAFD at 16.67%.
- Does UPST or WAFD pay a bigger dividend?
- WAFD pays a dividend (3.60% yield), while UPST has no payments in the available dividend history.
- Is UPST or WAFD more profitable?
- WAFD runs the higher net margin — UPST at 4.69% versus WAFD at 18.47%.
- How have UPST and WAFD total returns compared?
- Over the past 5 years, UPST delivered -39.34% and WAFD delivered 0.20% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Upstart & WaFd appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.